Category: Investing & Markets

Nov. 14, 2023 - Fisker's third-quarter results, released on Monday, fell below Wall Street's expectations with revenue at $71.8 million and a net loss of $91 million (27 cents per share). (Photo: Kyle Grillot | Bloomberg)
Estimated read time 3 min read
Investing & Markets U.S.

Fisker faces storm as financial woes unveiled

  • Post Date 11/14/2023

In a startling turn of events, electric vehicle startup Fisker is grappling with a significant decline in premarket trading following a disappointing earnings report and [more…]

Nov. 13, 2023 - South Korean stocks declined due to worries about a possible US government shutdown following Moody's downgrade of the United States' rating outlook, leading to a drop in the local currency against the US dollar. (Photo: File)
Estimated read time 2 min read
Investing & Markets South Korea

South Korean stocks face headwinds amid U.S. government shutdown concerns and Moody’s rating cut

  • Post Date 11/13/2023

South Korean stocks experienced a downward trend on Monday, fueled by growing concerns over a potential US government shutdown following a downgrade in Moody’s rating [more…]

Nov. 9, 2023 - SoftBank Group reported a ¥789 billion ($5.2 billion) quarterly loss due to the devaluation of tech investments and the impact of WeWork's bankruptcy. (Photo: LinkedIn)
Estimated read time 3 min read
Investing & Markets Japan

SoftBank’s bumpy ride and its troubled investments

  • Post Date 11/09/2023

In a tumultuous financial quarter, SoftBank Group, the Japanese tech giant known for its bold and risky investment strategies, found itself facing its fourth consecutive [more…]

Nov. 8, 2023 - Coupang, the South Korean e-commerce powerhouse, reported record-breaking third-quarter earnings, driven by surging customer numbers and stellar core business performance. (Photo: Wikipedia)
Estimated read time 3 min read
Investing & Markets South Korea

Coupang shares slides overshadowing its record Q3 earnings and growing customer base

  • Post Date 11/08/2023

In a recent announcement, South Korean e-commerce giant Coupang has continued its impressive financial winning streak by revealing record third-quarter earnings. These outstanding results are [more…]

Singapore - Singtel's nationwide outage and cyber attack shake investor confidence, shares fell on Wednesday's trading. (Photo: Shutterstock)
Estimated read time 3 min read
Australia Investing & Markets Singapore

Singtel’s shares tumble as Optus faces major network outage

  • Post Date 11/08/2023

Singapore Telecommunications Limited (Singtel) experienced a turbulent day on Wednesday as its shares plummeted following a widespread network outage that severely impacted its Australian subsidiary, [more…]

Nov. 6, 2023 - South Korean stocks recorded an unprecedented 5.6 percent surge on Monday as the nation reinstated a short-selling ban to combat illicit market activities by global investment banks. (Photo: KRX)
Estimated read time 3 min read
Investing & Markets South Korea

South Korean stocks surge as short selling ban takes effect

  • Post Date 11/06/2023

South Korean stocks experienced an unprecedented surge on Monday, with the benchmark Korea Composite Stock Price Index (KOSPI) soaring by 5.6 percent, marking its sharpest-ever [more…]